Branch2 Intelligence
Nestle India declares special dividend of Rs 2. Check record date and other details
Key takeaway
Nestle India declares Rs 2 special dividend and Rs 5 final dividend for FY26, funded by retained earnings.
- Step 11st-order: Nestle India reports 27% profit jump and 23% revenue growth, declares Rs 7 per share dividend.
- Step 22nd-order: Strong earnings and dividend attract income-focused investors, boosting demand for the stock.
- Step 33rd-order: Increased investor demand supports stock price and lowers cost of equity, enabling further investment in growth.
Source: IN:Economic Times
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